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Identify the most important and pressing problem that the U.S. economy faces over the next two...

Identify the most important and pressing problem that the U.S. economy faces over the next two years. Please use The Wall Street Journal as your guide.

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Answer #1

US economy has almost recovered from depth of economic recession. Growth rate is close to 2 % while inflation is close to 2%. but over the next two years, following problem is going to be most pressing:

  • Rising Debt crisis: US debt is rising, it is close to 108 % of GDP. Further, trade deficit is also witnessing rise and expected to rise in future. Now government has substantially reduced the taxes. Thus, it will increase government debt over the next two year. Government has to deal with this problem seriously.
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